New Apartments for Rent in Tempe, AZ Under $1,500 (48 Rentals)

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Trovita Rio
Rent Specials
$1,500 - $2,695
Total Monthly Price

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$1,500 - $2,695

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Built in 2019Studio to 2 Bedroom Apartments Available Now

Trovita Rio

701 W Rio Salado PkyTempe, AZ 85281
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The Cameron
Rent Specials
$1,474 - $5,152
Total Monthly Price

Total Monthly Price

Base Rent
$1,474 - $5,152

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Built in 2020Studio to 3 Bedroom Apartments Available Now

The Cameron

2062 E Cameron WayTempe, AZ 85281
Corporate Housing
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The Alyssa
Rent Specials
$1,455 - $9,933
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $9,933

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Built in 2024Studio to 3 Bedroom Apartments Available Now

The Alyssa

98 South River DrTempe, AZ 85288
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Aura Watermark
Rent Specials
$1,406 - $5,251
Total Monthly Price

Total Monthly Price

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$1,406 - $5,251

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Built in 2019Studio to 3 Bedroom Apartments Available Now

Aura Watermark

420 N Scottsdale RdTempe, AZ 85281
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Nexa
Rent Specials
$1,405 - $2,975Built in 2017Studio to 3 Bedroom Apartments Available Now

Nexa

1205-1221 E Apache BlvdTempe, AZ 85281
Student Housing
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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SALT
Rent Specials
$1,399 - $5,183Built in 2018Studio to 3 Bedroom Apartments Available Now

SALT

260 E Rio Salado PkyTempe, AZ 85281
Student Housing
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Union Tempe
$899 - $3,060
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $3,060

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Built in 2018Studio to 5 Bedroom Apartments Available Now

Union Tempe

712 S Forest AveTempe, AZ 85281
Student Housing
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Culdesac Tempe
Built in 2023Studio to 3 Bedroom Apartments

Culdesac Tempe

2025 E Apache BlvdTempe, AZ 85281
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Atmosphere
Built in 2021Studio to 4 Bedroom Apartments

Atmosphere

707 S Forest AveTempe, AZ 85281
Student Housing
  • Utilities Included
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Alexan Tempe
Built in 2023Studio to 3 Bedroom Apartments

Alexan Tempe

2160 E Baseline RdTempe, AZ 85282
Student Housing

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

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Aces on Apache
Built in 2023Studio to 1 Bedroom Apartments

Aces on Apache

1620 E Apache BlvdTempe, AZ 85281
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Park Place Tempe
Built in 2019Studio to 4 Bedroom Apartments

Park Place Tempe

1135 E Apache BlvdTempe, AZ 85281
Student Housing
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Valor on Eighth
Built in 20181 to 3 Bedroom Apartments

Valor on Eighth

1001 E 8th StTempe, AZ 85281
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The Bradford
Built in 20184 Bedroom Apartments

The Bradford

1037 S Farmer AveTempe, AZ 85281
Student Housing
  • Utilities Included

Your Essential Local Experts Phoenix Relocation Guide: Housing, Utilities, and Local Tips

Your complete checklist for relocating to the Phoenix metro area. Easily navigate housing, set up electricity and gas with provider links, handle vehicle registration, and learn local regulations.

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MaCallister Scottsdale
Built in 20171 to 2 Bedroom Apartments

MaCallister Scottsdale

7979 E Wilshire DrScottsdale, AZ 85257

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.

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Jefferson Chandler
Built in 2017Studio to 3 Bedroom Apartments

Jefferson Chandler

3950 W Chandler BlvdChandler, AZ 85226
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Banyan on Washington
Built in 2023Studio to 3 Bedroom Apartments

Banyan on Washington

5353 E Washington StPhoenix, AZ 85034
  • Utilities Included

Tempe, AZ Local Guide

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.

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Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about New Tempe Apartments

What is the Cheapest New apartment in Tempe?

Currently the most affordable New Apartment in Tempe is at Vista Village on Van Buren listed at $699.

How much is the average rent for a New Tempe Apartment?

The average rent for a New Apartment in Tempe is $2,582.

What is the largest New Tempe Apartment for rent?

Today's New apartment with the most square footage in Tempe is a 2,478 square feet unit starting from $2,599 at Roosevelt Luxury Townhomes.

What is the average size for Tempe New Apartments for rent?

The average size for a New rental in Tempe is currently at 619 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

Written by: Andrew Jollett

I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

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Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

Written by: Andrew Jollett

I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

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A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Written by: Andrew Jollett

Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.